FinanceAmerica Credit Corp. v. Kruse Classic Auction Co.
District Court, E.D. Pennsylvania
1Opinion of the Court
OPINION AND ORDER
TROUTMAN, District Judge.
Plaintiff is a Pennsylvania resident corporation and defendant is an Indiana corporation. The amount in controversy exceeds $10,000 and, therefore, jurisdiction is based upon 28 U.S.C. § .1332.
In this diversity action plaintiff, FinanceAmerica Credit Corporation (FinanceAmerica) seeks to recover for an alleged breach of a guaranty contract by defendant, Kruse Classic Auction Company, Inc. (Kruse). FinanceAmerica charges that Kruse agreed to guarantee payment of a debt owed by Roy Egidi Motor Cars, Inc. (Egidi) and that upon Egidi’s default Kruse…
2Cases cited6 opinions
- Provident Tradesmens Bank & Trust Co. v. PattersonSupreme Court of the United States · 1968
- Hoffman v. BlaskiSupreme Court of the United States · 1960
- Alpha Claude Neon Corp. v. Pennsylvania Distilling Co.Supreme Court of Pennsylvania · 1936
- Craftmark Homes, Inc. v. Nanticoke Construction Co.Court of Appeals for the Third Circuit · 1975
- Downer v. United States Fidelity & Guaranty Co. of MarylandCourt of Appeals for the Third Circuit · 1931
1 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Paul Revere Protective Life Insurance v. WeisDistrict Court, E.D. Pennsylvania · 1981
- CBS, INC. v. Film Corp. of AmericaDistrict Court, E.D. Pennsylvania · 1982
- Cumis Insurance Society, Inc. v. South-Coast BankDistrict Court, N.D. Indiana · 1984
- Haeberle v. Texas International AirlinesDistrict Court, E.D. Pennsylvania · 1980
- Heller Financial, Inc. v. Shop-A-Lot, Inc.District Court, N.D. Illinois · 1988
5 more not listed; retrieve them via the Exa API.